Question: (Nonannual compounding using a calculator) Jesse Pinkman is thinking about trading cars. He estimates he will still have to borrow $26,000 to pay for his

(Nonannual compounding using a calculator) Jesse Pinkman is thinking about trading cars. He estimates he will still have to borrow $26,000 to pay for his new car. How large will Jesse's monthly car loan payment be if he can get a 2-year ( 24 equal monthly payments) car loan from the university's credit union at an APR of 7.9 percent compounded monthly? Jesse's monthly car loan payment will be $ (Round to the nearest cent.)

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